Margin Call

You purchased 100 shares of KLM at $40 a share by depositing the minimum amount of margin. If the initial margin requirement was 50% and the maintenance margin requirement is 30% you will get a margin call if KLM's price falls to:

$12
$20
$29
$32

Solution Summary

The solutions answers the question(s) below.

$2.19

Purchase Solution

$2.19

Related Solutions

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